Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: miraje who wrote (1450938)

4/8/2024 5:21:17 PM

From: longz

1 Recommendation

Recommended By
miraje

Read Replies (1) | Respond to of 1575981

Fuel Consumption Levies in Canada

Fuel Consumption Levies in Canada

A portion of the final price you pay at the pump for gasoline and other fuels goes to various levels of government in the form of direct or indirect government levies. Depending on where you live, you may pay a federal, provincial and a municipal tax on these products, as well as a federal fuel charge.

How are fuels taxed?There are different types of taxes on transportation and heating fuel:

Fixed taxesThe federal government charges an excise tax at a flat rate of 10 cents per litre on gasoline (in effect at that rate since 1995) and 4 cents per litre on diesel (in effect at that rate since 1987). Furnace oil is exempt from this tax and there is no federal excise tax on natural gas or propane.
Provincial governments also collect gasoline and diesel taxes and these vary considerably by province. Lastly, three municipalities in Canada (Vancouver, Victoria and Montreal) also apply taxes on gasoline.

Sales taxesThis tax is based on a percentage of the retail price, a method known as ad valorem. The federal GST/HST is charged on crude oil, refining and marketing costs and margins, the federal excise tax, applicable federal and provincial carbon levies, and provincial road taxes. Provincial sales taxes do not apply to fuels such as gasoline or diesel, except where they have the harmonized sales tax (HST) and in Quebec (QST).

Federal and Provincial Consumption Taxes on Petroleum Products (Cents Per Litre)GasolineDieselPropane
(motor vehicle)Furnace Oil/ Natural Gas (for heating)Federal TaxesProvincial Sales Tax (PST or HST) (1)Provincial Fuel Taxes (Cents/Litre) Footnote2Provincial Clean Fuels Adjuster (Cents/Litre)Federal and Provincial Carbon Levies (Cents/Litre)GasolineDieselPropane
(motor vehicle)Furnace Oil/ Natural Gas (for heating) Footnote4


Excise Tax (Cents/Litre)	10.0	4.0	-	-
Goods and Services Tax	5%	5%	5%	5%
Ontario Footnote1	13%	13%	13%	13%
Quebec Sales Tax (QST)	9.975%	9.975%	9.975%	9.975%
Nova Scotia, Newfoundland and Labrador, New Brunswick and Prince Edward Island	15%	15%	15%	5%
Newfoundland and Labrador	7.50	9.50	7.0
Prince Edward Island	8.47	14.15
Nova Scotia	15.50	15.40	7.0
New Brunswick	10.87	15.45	6.7
Quebec	19.2	20.2
Ontario	9.0	9.0	4.3
Manitoba Footnote3	14.0	14.0	3.0
Saskatchewan	15.0	15.0	9.0
Alberta	9	9	9
British Columbia – Vancouver Area	27.00	27.50	2.7
British Columbia – Victoria Area	20.00	20.50	2.7
British Columbia – Rest of province	14.50	15.00	2.7
Yukon	6.2	7.2
Northwest Territories	10.7	9.1
Nunavut	6.4	9.1
New Brunswick	8.0	8.0
Nova Scotia	3.74	4.17
Prince Edward Island	4.0	3.3
Newfoundland and Labrador	3.74	4.17

Alberta, Saskatchewan, Manitoba, Ontario, Yukon, Nunavut, Northwest Territories, Newfoundland and Labrador, Nova Scotia, Prince Edward Island, and New Brunswick	14.31	17.38	10.06	$3.38713/GJ (12.39 - cents/m3)
British Columbia	14.31	16.85	10.06	$3.2384/GJ (12.43- cents/m3)
Quebec	19.20	20.20	19.20	0

Notes:Rates in the above table were last updated in December 2023

FootnotesFootnote 1In Ontario, effective July 1, 2022 until June 30, 2024, the gasoline fuel tax rate was reduced from 14.3 cents per litre to 9.0 cents per litre, representing a cut of 5.3 cents per litre. This temporary tax cut (5.3 cents per litre) was also applied to clear diesel (including blended), clear kerosene and biodiesel.

Return to footnote1referrer

Footnote 2Provincial Fuel taxes shown do not include Atlantic Canada's Clean Fuels Adjuster.

Return to footnote2referrer

Footnote 3Starting January 1, 2024, Manitoba is suspended the collection of the provincial fuel tax on gasoline and diesel for the public and farmers until at least June 30, 2024.

Return to footnote3referrer

Footnote 4Starting on November 9, 2023, a registered distributor can deliver light fuel oil (heating oil) exempt of the fuel charge when the light fuel oil is used exclusively for providing heat to a home, building or similar structure, but not for generating heat in an industrial process, such as processes that involve removing moisture from goods. The exemption will apply upfront without the need for an exemption certificate. This relief will end on March 31, 2027. The fuel charge would apply to these deliveries again as of April 1, 2027.

Return to footnote4referrer

Page details

Report a problem on this page

Share this page